Ames, IA vs Ankeny, IA

Ames is moderately more affordable than Ankeny, with a 12% lower cost of living index. Ames scores 85 compared to 97 for Ankeny, where the US average is 100. This difference means residents of Ankeny can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Ames is $1,040/month compared to $1,279/month in Ankeny — a 19% difference. Home values follow the same pattern: Ames is more affordable at $263,800 median vs $311,300.

Median household income in Ames is $60,102 compared to $106,603 in Ankeny (-43.6%). While Ankeny is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ames spend roughly 20.8% of their income on rent, more than the 14.4% in Ankeny.